One of the most significant areas of corporate financing is the issuance of bonds and other instruments to raise capital. Until recently this aspect of corporate finance was not the purview of diverse business enterprises (DBEs). Today, however, there is a tremendous growth in the use of diverse investment banks to carry all or part of a bond issue.
In the National Utilities Diversity Council’s “Bond 101: Working With Diverse Investment Banks” virtual panel, leaders from Blaylock Beal Van, LLC, will provide important insight into the workings of a bond issue, with special emphasis on the utility commission/regulator perspective, and the variety of capital products that may help companies reach both their capital and supplier diversity goals. [click to continue…]
Please join the Minority Media and Telecommunications Council in welcoming our new President and CEO, Kim Keenan, and acknowledging the leadership of MMTC’s co-founder and President of 28 years, David Honig, during our “Passing the Baton” Welcome Reception.
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Last week, the LGBT Technology Partnership & Institute held its Annual Fall Policy Forum bringing together LGBT advocates and tech experts to discuss big data, net neutrality, and eHealth. MMTC Vice President and Chief Research and Policy Officer Nicol Turner-Lee, Ph.D., participated in a panel session titled “Net Neutrality & LGBT Communities” with Berin Szoka, President of Tech Freedom, and Dr. Mary Gray, Senior Researcher of Microsoft Research and Adjunct Professor at Indiana University.
During the session, the panelists discussed why LGBT communities became earlier adopters of broadband, the importance of smart net neutrality rules, and how to leverage opportunities within the tech industry. [click to continue…]
On Friday, November 14th, Politic365 assembled some of America’s foremost thinkers and leaders of government, academia, and the non-profit and private sectors to take part in their Annual Blueprint365 Policy Forum. During the forum, Politic365’s Editor-in-Chief Kristal High Taylor discussed the Blueprint365 report that examines how young people and communities of color can leverage momentum created by the country’s changing demographics to improve their economic and social standing. The report focused specifically on nine sectors of the economy including banking and financial services, broadband and technology, defense, energy, healthcare and pharmaceuticals, hospitality, media, retail, and transportation. [click to continue…]
WASHINGTON, D.C. (November 19, 2014): As Congress returns to Capitol Hill, the Minority Media and Telecommunications Council (MMTC) expresses our support for the Wi-Fi Innovation Act, a bipartisan effort of Senators Cory Booker (D-NJ) and Marco Rubio (R-FL), to increase unlicensed spectrum use in the 5 GHz band. The proposed legislation will help meet growing wireless demand, particularly in low-income communities of color.
The Wi-Fi Innovation Act would make more unlicensed spectrum available in the 5 GHz band and require the Federal Communications Commission (FCC), the independent agency responsible for telecommunications, to conduct a study on the use of wireless and unlicensed spectrum in low-income communities. MMTC applauds this action as it will serve as a foundation for gathering data on how unlicensed spectrum could be leveraged for individual and community good. [click to continue…]
A study released last month revealed a significant gap in access to superfast Internet in schools based on race, income, and population density. In a world where access to technology equates to opportunities for success, African American, Hispanic, rural, and low-income students are at a severe disadvantage compared to their white, affluent, and suburban counterparts. This digital divide has been well-known and studied, and in recent years, the White House, through its Digital Promise initiative, and the Federal Communications Commission, through its National Broadband Plan, have set the tone that our nation needs to make connectivity a priority. Unfortunately, the new study serves as a stark reminder that we have much further to go to achieve full educational equity in this nation. [click to continue…]
The Federal Communications Commission recently adopted a Further Notice of Proposed Rulemaking in continued efforts to proscribe excessive inmate calling rates. America’s prison systems have been plagued by high prison phone rates for far too long, and this FCC action, building upon the pioneering work of FCC Commissioner Mignon Clyburn, is another step toward ensuring families of the incarcerated aren’t unfairly charged to keep in touch with their loved ones.
Nationwide, states collect more than $150 million per year from prison phone commissions. Families of the incarcerated pay nearly ten times the price of a normal call in order to contact loved ones behind bars. A fifteen-minute call may cost families up to $18. This means that a mere one-hour call per week can accumulate costs more than $280 a month. [click to continue…]
WASHINGTON, D.C. (November 10, 2014): The Minority Media and Telecommunications Council (MMTC) applauds the goal of this morning’s Presidential Statement on Net Neutrality. MMTC continues to support open Internet principles that will prevent blocking, throttling, and paid prioritization, as well as offering increased transparency to consumers. MMTC recently joined with other national civil rights organizations to support an approach that will protect the open Internet while also achieving investment, infrastructure deployment, and universal adoption for all Americans.
Regulation under Section 706 of the Telecommunications Act, coupled with an EEOC-derived, expedited, consumer-friendly “probable cause” enforcement mechanism recommended by nearly four dozen national civil rights organizations in Comments with the FCC, is a superior approach that would provide a solid foundation from which to ensure an open Internet while allowing some flexibility and room for experimentation in services and business models as the economy develops. Section 706 regulation would achieve all of the goals of Title II reclassification, but would do so in a way that avoids the uncertainty of forbearance proceedings and without creating disincentives to infrastructure investment. Less investment would translate into less deployment, fewer jobs for our communities, and fewer service options to boost broadband adoption and close the digital divide. [click to continue…]
Since the advent of electronic media – first film, then radio, then television – there has been a curious imbalance in the diversity of voices, images, and owners of broadcast content. The result, as we still too often witness today, has been a saturation of inaccurate and skewed portrayals of many groups, including minorities and women. In addition, historically there has been a severe shortage of opportunities for these disenfranchised groups to generate wealth in the multibillion-dollar media and telecom industries that comprise one-sixth of the nation’s economy.
Since its founding in 1986, the Minority Media and Telecommunications Council (MMTC) has worked to remedy this imbalance, developing and improving opportunities for minority and women entrepreneurs in the broadcast industries through direct engagement with policymakers and through its media and telecom brokerage. [click to continue…]
Yesterday, the Minority Media and Telecommunications Council filed the following ex parte letter with the Federal Communications Commission reporting on meetings MMTC had had that week to discuss the Commission’s dockets on Preserving the Open Internet, Broadband Industry Practices, the Tell City Waiver Decision, Designated Entities, the E-Rate Program, and Inmate Calling Services. [click to continue…]